Post by Logan on Mar 6, 2017 19:44:13 GMT -6
ATLANTIC CITY — A group of investors led by Hard Rock International is buying the closed Trump Taj Mahal Casino Resort.
Investor Carl Icahn announced the sale Wednesday after The Press of Atlantic City first reported the deal. The site will be re-branded as Hard Rock Hotel & Casino Atlantic City as part of a $300 million purchase and renovation expected to create 3,000 temporary and permanent jobs.
Mayor Don Guardian said he is expecting a summer 2018 opening for the hotel and casino.
The deal will allow Hard Rock, an entertainment, casino and resort chain with a global brand, entry into Atlantic City’s gaming market, something it first proposed in 2010.
Read more: www.pressofatlanticcity.com/news/hard-rock-to-buy-trump-taj-mahal-site-will-remain/article_52f77eb5-9a94-57d2-993f-7a0684410971.html
Investor Carl Icahn announced the sale Wednesday after The Press of Atlantic City first reported the deal. The site will be re-branded as Hard Rock Hotel & Casino Atlantic City as part of a $300 million purchase and renovation expected to create 3,000 temporary and permanent jobs.
Mayor Don Guardian said he is expecting a summer 2018 opening for the hotel and casino.
The deal will allow Hard Rock, an entertainment, casino and resort chain with a global brand, entry into Atlantic City’s gaming market, something it first proposed in 2010.
Read more: www.pressofatlanticcity.com/news/hard-rock-to-buy-trump-taj-mahal-site-will-remain/article_52f77eb5-9a94-57d2-993f-7a0684410971.html